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Consolidation of Dixon Advisory class actions hits snag over funding
Class Actions 2022-05-13 10:20 pm By Sam Matthews

A proposed consolidation of two class actions against collapsed wealth manager Dixon Advisory has hit a snag, with Shine Lawyers wanting to ensure group members who have signed up for its no win, no fee proceeding don’t get stuck paying the commission of the funder backing its rival’s case.

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KPMG takes Arrium class action venue battle to High Court
Class Actions 2022-05-13 1:33 pm By Christine Caulfield

A fight over the venue for a class action against KPMG by investors in the collapsed mining company Arrium has been taken to the High Court, and at the centre of the battle is a contingency fee order made in the case.

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Orix loses access fight over files in criminal case against former executives
Employment 2022-05-13 4:42 pm By Christine Caulfield

Fleet management company Orix Australia has struck out in its bid to access certain files in an abandoned criminal case against two former senior executives as it seeks to claw back what it claims are losses suffered as a result of their breaches of duty.

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Virgin Australia won’t take financial hit from shareholder class action
Securities 2022-05-13 10:02 pm By Christine Caulfield

A shareholder class action against Virgin Australia over representations made in a prospectus for a $324 million capital raising won’t put a dent in the airline’s financials, the company said Friday.

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Clothing retailer Tiger Mist pays fine for misleading returns policy
Competition & Consumer Protection 2022-05-13 10:39 pm By Sam Matthews

Online clothing retailer A&S Labels Pty Ltd, trading as Tiger Mist, has coughed up $26,640 to the Australian Competition and Consumer Commission for allegedly misleading customers about their return rights.

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PwC sued over advice on $88M sale of Hudson Pacific to Retail Food Group
Financial Services 2022-05-12 5:59 pm By Cat Fredenburgh

The founder of wholesale food company Hudson Pacific has sued PricewaterhouseCoopers for allegedly providing bad advice on the terms of the $88 million sale of his business to Retail Food Group in 2016.

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Virgin Australia hit with class action over 2019 prospectus
Class Actions 2022-05-12 8:49 pm By Cat Fredenburgh

Virgin Australia has been hit with a shareholder class action over representations made in a 2019 prospectus for a capital raising to fund its $700 million acquisition of the Velocity loyalty program, just six months before the airline sank into administration.

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Full Court finds casual workers can’t be axed for exercising workplace right
Employment 2022-05-12 7:05 pm By Cindy Cameronne

A former truck driver for Cooloola Milk who claims he was fired after asking about overtime pay has won his legal challenge to a decision finding that he was a casual employee and not entitled to protections against dismissal.

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Crown Resorts must tell class action what board knew about money laundering
Class Actions 2022-05-12 4:44 pm By Cindy Cameronne

A judge overseeing a shareholder class action against Crown Resorts has ordered the casino giant to give details of board members’ knowledge about two bank accounts which were allegedly used to launder hundreds of millions of dollars.

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Herbert Smith Freehills joins with UNSW to jumpstart grads’ legal careers
Business of Law 2022-05-12 4:14 pm By Cat Fredenburgh

Herbert Smith Freehills has partnered with the University of New South Wales on a practical training course for the firm’s Australian graduates that will allow them to start practicing sooner.

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